$3,999,995
●
House -
For Sale
6285 N Highway 1
Melbourne, FL 32940
8 Beds
7 Baths
9,674 Ft²
$21,312
Est. Monthly
About This Property
Discover the ultimate waterfront estate on the Indian River,
blending luxury and versatility across three stories. Expansive
8-bedroom, 7-bath home features 2 private suites on the first floor
w/ multiple kitchens, perfect for multi-generational living or
entertaining. Grand great room and gourmet kitchen with massive
island flood the space with natural light + river views. Solid oak
cabinetry and floors. New roof 2016, New dock 2019. 3 New
A/Cs in 2021. Primary suite boasts a large bathtub + separate
shower, while the 3rd floor offers 3,000 sq ft of customizable
space--ideal for a primary retreat or office. A wrap-around balcony
provides breathtaking vistas and seamless indoor-outdoor living.
Situated on over an acre w/ 135 ft of river front. Enjoy outdoor
kitchens, a heated pool, and ample parking in the attached and
detached garages. Conveniently located near beaches, I-95, Patrick
Space Force Base, Viera shops and fine dining.
Unit Size
9,674 Ft²
Days on Market
143 days
Land Size
1.01 acres
Price per sqft
$413
Property Type
House
Property Taxes
$1,671
HOA Dues
-
Year Built
1997
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Space Coast MLS #1078350)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2026 | Listed by Premier Properties Real Estate | $3,999,995 | |
| Listed by Premier Properties Real Estate | |||
| May 17, 2011 | Sold | ||
| Sold | |||
Property Highlights
Garage
Parking Available
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Detached
Garage Spaces: 6
Interior Details
Full Bathrooms: 7
Interior Features: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Guest Suite, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Tile
Exterior Details
Square Footage: 9674
Square Footage Source: $0
Year Built: 1997
Waterfront Features: River Front
Waterbody Name: Indian River
Building Area Total: 10674
Levels: Three Or More
Construction Materials: Block, Brick, Concrete, Stucco
Patio and Porch Features: Wrap Around
Pool Features: In Ground
Pool is Private
Lot Features: Many Trees, Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 1.01
Lot Size Units: Acres
Lot Size Acres: 1.01
Lot Size Square Feet: 43996
Water Source: Public
Financial Details
Tax Annual Amount: $20,047
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Listed by: Laura L Dowling Roy PA, Premier Properties Real Estate
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1078350
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1078350
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